How much does Rapidgrid Limited make?

Rapidgrid Limited reported revenue of £17.4m and £363k profit in the year to 29 Apr 2025, according to its accounts filed at Companies House.

How many employees does Rapidgrid Limited have?

Rapidgrid Limited reported an average of 90 employees in the year to 29 Apr 2025.

Is Rapidgrid Limited profitable?

Yes — Rapidgrid Limited reported a profit of £363k in the year to 29 Apr 2025.

Company No. 02464305 · Incorporated 26 Jan 1990

Rapidgrid Limited

Registered name: RAPIDGRID LIMITED

Part of Rapidgrid Group of Companies Limited group

Rapidgrid Limited made £17.4m revenue and £363k profit in the year to 29 Apr 2025.

Rapidgrid Limited’s revenue grew 5% to £17.4m in the year to 29 Apr 2025, with £363k profit and 90 employees. The company is classified under “construction of other civil engineering projects” and is based in Aberdare; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Aberdare, Wales
Age: 36 yrs · since 1990
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 29 Apr 2025

Key figures

Capital-light

Revenue

£17.4m

Growth ▲5.3%

Profit

£363k

Growth ▼19.4%

Profit margin

2.1%

Gross 15.5%

Employees

Change ▲4.7%

Profit / employee

£4k

Revenue/employee £193k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	29 Apr 2022	29 Apr 2023	29 Apr 2024	29 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.7m	£20.2m	£16.5m	£17.4m
Cost of sales	£16.5m	£17.3m	£13.9m	£14.7m
Gross profit	£2.2m	£2.9m	£2.6m	£2.7m
Operating profit	£791k	£747k	£628k	£522k
Profit before tax	£781k	£758k	£637k	£520k
Profit after tax	£626k	£599k	£451k	£363k
Profit (best available)	£626k	£599k	£451k	£363k
Staff costs	£3.9m	£4m	£3.5m	£3.7m
Employees (average)	100	102	86	90
Ratios
Profit margin	3.4%	3%	2.7%	2.1%
Gross margin	11.8%	14.5%	15.6%	15.5%
Revenue per employee	£187k	£198k	£192k	£193k
Profit per employee	£6.3k	£5.9k	£5.2k	£4k
Growth (year on year)
Revenue growth	—	▲7.9%	▼18.2%	▲5.3%
Profit growth	—	▼4.4%	▼24.8%	▼19.4%
Headcount growth	—	▲2%	▼15.7%	▲4.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£1.7m	£1m	£456k
Net assets	£2m	£2m	£2.3m	£2.3m
Fixed assets	£98.4k	£63.5k	£58.9k	£1.2k
Current assets	£10m	£6.6m	£6.2m	£6.8m
Debtors	£2.9m	£2.1m	£2.2m	£3.4m
Deferred income	£2.4m	£1m	£755k	£744k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 15.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £193k; Revenue ÷ average employees.
Profit per employee: £4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲1%; Now £2.3m
Cash at bank: ▼55%; Now £456k
Headcount: ▲5%; Now 90
Deferred income: ▼1%; Now £744k
Fixed assets: ▼98%; Now £1.2k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Rapidgrid Group of Companies Limitedultimate parent75–100%
Rapidgrid Holdings Limited75–100%
Rapidgrid Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Apr 2025 (profit £363k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.